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administration spending as a percentage of the base is gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the call to say this isn't what it would be so i understand what portion of it would be my point is is just this if your point is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one thousand nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty one nine hundred seventy the top tax rate was ninety one percent corporations are paying over thirty five percent of spending which of taxation which is what is driving out everything else when you're looking at you know the big three medicare medicaid social security don't take social those already biggest component of the first and only
administration spending as a percentage of the base is gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee for appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the call to say this isn't what it would be so i understand what portion of it would be my point is is just this if your point is that we're not doing enough on defense...
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because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be style over substance because the president's achievements have been few. obama care is the law. we all know that. but corporations like boston scientific are laying off some workers. largely because of the cost they will incur for obama care health insurance. if that trend takes hold, we're all in big trouble. so we are living in a very interesting time. we have a popular president, a bad economy, and everybody paying more in taxes. simply doesn't add up. pardon the pun. and that's the memo. now for the top story tonight, an opposing point of view. with us one of the 8 a co-hosts of the five broadcast bob
because of all the federal spending, president obama has added $5.8 trillion to the debt in just four years. so this is grim. america is in a bad place economically. but the folks don't seem to care. new "the washington post" poll says 60% of americans have a favorable opinion of president obama. that's a 3 year high. now, that approval may go down due to the sinking economy. there is no question americans like barack obama they are cutting him a tremendous amount of slack. could be...
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administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to agree with you right now now my point is i thought our levels of spending right now are not that different than they were in one nine hundred fifty and our level of taxation is radically lower than one hundred fifty nine hundred sixty nine hundred seventy the top tax rate was ninety one percent corporations are paying over thirty five percent in spending which of taxation which is what is driving out everything else when you're looking at you know the big three medicare medicaid social security don't take social those are going to get a component of the first and only generation that were double
administration spending as a percentage of per capita basis gone down nine percent and obama came into office it went up consistently during both the bush and having served on the defense subcommittee of appropriations i realize that i'm in charge such as that people will only use basic defense spending they may or may not include the cost of this is what it would be so i understand what portion of it would be my point is is just . is that we're not doing enough on defense spending i'm going to...
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purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in a second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be where obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to fight off this recession which is going to be worse than the one that he inherited now peter we only have about thirty seconds left i do want to point this out that because it sounds like you have a very pessimistic view a gloomy view of what's to come i want to mention though that the stock market has surged more than six percent this year breaking a record that's a good sign and fifteen seconds or less and for all the wall street has a pretty good track record of getting it wrong you know the stock market was rallying right before the bottom dropped out in two thousand and eight so the big people o
purse term is spend more borrowed money now the bills are going to come do we planted all these seeds of destruction that are going to germinate in a second term plus we're actually going to have to start paying for obama care and other programs that were launched in his first term but are kicking in a second so there are people who think that this is going to be where obama could really write his legacy because he doesn't have to deal with a bad economy anymore he's going to be trying to fight...
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the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal reserve today saying that growth has stalled, but telling the public temporary, pledging to continue with the easy money policy into the outlook for employment improved substantially, the news coming as somewhat of late surprised as economists predicted. the economy hit with super storm sandy in late october causing extensive damage along the east coast, seen as a major factor. economists see the same growth in excess of 3 percent will be needed to significantly lower unemployment and get at least some of the 23 million unemployed americans back to work. as to the markets, of three indices finishin
the obama -- obama economy heading a stumbling block, suffering its first decline since the end of the recession. the government cutting spending and u.s. businesses trying down inventories in the fourth quarter causing the economy to contract for the first time in more than three years. u.s. gross domestic product falling a rate of a tenth of a percent, that is the worst performance since the second quarter of 2009. this is growing at a 3% clip in the third quarter of last year. the federal...
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. >> dana: president obama's bill the more of it is government spending. you can't expect the economy to be able to take care of itself and grow. just on government spending alone. >> eric: that is the word. "growth." if you just keep spending government money you are not creating growth. just creating fuel -- >> bob: what is wrong with the administration, then? let the cuts take place in defense and domestic spending. >> dana: that is the white house's idea in the first place. before we, go greg has his brush here. been on the whole table the whole time. such a big mouth. >> greg: here we are talking about msnbc and you are lying. this is your brush. >> dana: it is not my brush. this is the one they use for you to bring it out and do your hair. >> kimberly: you are like the fonz. >> greg: i'm going to msnbc. they will understand me there. >> dana: the first order of business for president obama back in 2009. >> the first executive order we are signing. guantanamo will be closed no later than one year from now. w there is news on the administration's effor
. >> dana: president obama's bill the more of it is government spending. you can't expect the economy to be able to take care of itself and grow. just on government spending alone. >> eric: that is the word. "growth." if you just keep spending government money you are not creating growth. just creating fuel -- >> bob: what is wrong with the administration, then? let the cuts take place in defense and domestic spending. >> dana: that is the white house's idea in...
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. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history. yeast, we have the slowest recovery of any recovery in history. i spent last summer, going around my state, talking to small businesses, dozens of them. so it's very clear to me what's happening now. they were beginning to pull back because of the expected cost of obamacare, the dod-frank legislation, that was a federal takeover of our financial system is making it harder for businesses to get loans. you look at the expected tax increases, which businesses were trying to plan for, the uncertainty really goes back to the president's policies. it is not obstruction. i wish we had had more of it. the policies in place
. >> and speaker of the house, john boehner saying that president obama told him we don't have a spending problem. really? former senator jim demint is here. if we have no spending problem, senator, why do we need to extend the debt ceiling? why do we need more money? >> greta, the president is running out of excuses. he can't blame the last administration because he is the last administration. president obama has spent more and created more debt than any president in history....
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on the eve of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though, for real reform, the president needs congress to pass new laws, and that's where the real political heavy lifting comes in. to do that political heavy lifting, the white house announced a new political strategy, or at least a new political tactic to try to get this done. the 2012 obama/biden reelection campaign would morph itself into an advocacy group, a powerful democratic grassroots activism machine. the old campaign would transfer to this new group its vast database of information about obama supporters, about voters. and then the new group would mobilize supporters to mobilize the president's
on the eve of the start of his second term, president obama announced that he would spend this term at least in part on an issue commonly believed to be among the heaviest lifts in all of american politics. he said he would do something about gun violence. now the president can create certain changes by himself with his executive authority. he can make changes, not laws. he cannot change laws, but he can change things that the administration is responsible for itself. for big changes, though,...
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spending cuts. but you know what? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all unconfirmed but the potential legal fallout is huge. >>> israel takes no chances. the air force launches two air strikes in syria preventing the assad regime from transporting chemicals and weapons of mass destruction to hezbollah. if the red line is crossed israel will attack again. we cover it all. "the kudlow report" begins now. first up we learned today the fourth quarter gdp fell slightly, much to everybody's surprise. so the white house is blaming republicans for the fiscal tax cliff and the spending sequester
spending cuts. but you know what? the private economy did well up 3.4%. it was the government economy that fell. i would like to see us finishing the spending cuts of the government. shrink the government more. grow the private economy by 5%. that is my vision. now there is more bad news for new jersey senator bob menendez as the fbi raids the offices of one of his close financial backers. will it present key evidence in the alleged prostitution scandal surrounding the senator. it's all...
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they tried in 2011 to use the debt limit as a leverage point of force obama to swallow big spending cuts. it worked, but it was terribly damaging, but the the nation's economy and to their political capital. congressional plummeted to something like 9 percent. and they recognize that this was a bad idea. gambling with the faith and credit of the united states it turns out as a pretty bad idea. we were downgraded for the first time in the nation's history. they did not want to do that again. like us said, they did not want to vote for a bigger national debt either. that does not fit with their philosophy, so they came up with this strategy of saying, okay, we will suspend it. in the meantime, we really want the senate to pass a budget for 2014, and the law also says that if either chamber fails to adopt the budget by april 15th, their paychecks will be docked. so the whole idea of this thing is to a postpone this sort of economy prattling default situation until they can prosecute this continuing fight over taxes to a point where the budget is satisfied in the debt limit can be raised aga
they tried in 2011 to use the debt limit as a leverage point of force obama to swallow big spending cuts. it worked, but it was terribly damaging, but the the nation's economy and to their political capital. congressional plummeted to something like 9 percent. and they recognize that this was a bad idea. gambling with the faith and credit of the united states it turns out as a pretty bad idea. we were downgraded for the first time in the nation's history. they did not want to do that again....
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obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they approved the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments
obama issued a number of executive orders. >> bret: consumer spending slowed in desplat pite holiday season. income surged by 2.6%. the dow is down for second day in a row, falling 50 points. the s&p 500 dropped four. the nasdaq was off a fraction. senate signed off on pushing the debt limit deadline to may. senators prove the house bill that also includes provision some insiders are calling a bad idea whose time has come. chief political correspondent tells us more. >> they...
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if president obama did say to speaker boehner that we don't have a spending problem, even on the debt commission even after the economy recovering, federal spending is projected to increase faster than revenues so the government will continue to borrow money to spend. that sounds like a spending problem? >> we have doubled spending in the last ten years. revenues this year will be historic highs. so you don't have to guess where the problem is. we are spending too much. we need to cut spending. we need to do it in a predict way so we don't shake up the economy. the fact there has been no defense spending cuts yet. >> greta: not yet. >> so for them to blame the negative growth on that was certainly part of that as defense contractors begin to pull back. this started last summer. businesses all over the country beginning to pare back their plans end of last year, to all the policies that president obama put in place. >> greta: i think it's the insanity that was going on. the fact that nobody knew what his or her taxes were going to be. it wasn't as though -- for the life of me i can't u
if president obama did say to speaker boehner that we don't have a spending problem, even on the debt commission even after the economy recovering, federal spending is projected to increase faster than revenues so the government will continue to borrow money to spend. that sounds like a spending problem? >> we have doubled spending in the last ten years. revenues this year will be historic highs. so you don't have to guess where the problem is. we are spending too much. we need to cut...
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economy where tommy it never ceases to amaze me how progressives are so competent of spending other people's money neal the job creators alone are the people who saw all this money for these taxes and for this health care obamacare health rates going up twenty percent regulation costing our economy a trillion dollars a year let's start getting rid of some of these burdens so we can raise the minimum wage can't just do one nice nice you know other nice screed neal but if you go back to the one nine hundred thirty five and you. look at every time the minimum wage has been increased from one hundred thirty five it was first put into law until today every time the minimum wage has gone up if you if you look at two in three year increments it takes a year or so for these kind of things to work their way through the economy first of all you don't see any drops it's not like i'm same two or three years because the first first year falls apart it doesn't but over two or three year period what you see is what in the setup where i was talking about to the over two thousand new jobs would be c
economy where tommy it never ceases to amaze me how progressives are so competent of spending other people's money neal the job creators alone are the people who saw all this money for these taxes and for this health care obamacare health rates going up twenty percent regulation costing our economy a trillion dollars a year let's start getting rid of some of these burdens so we can raise the minimum wage can't just do one nice nice you know other nice screed neal but if you go back to the one...
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spend, spend, spend. take it from this group and give it to that group and he will then vote you in for a second term. the measure of failure is the size of the debt. president obama has added 5 1/2 trillion in four years. that is astronomical. what have we got for it? an economy that is now shrinking, again. enough with the excuses. face reality. change course. the private sector, that's what he should do, but he won't. all stations come over to mission a for a final go. this is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible ent
spend, spend, spend. take it from this group and give it to that group and he will then vote you in for a second term. the measure of failure is the size of the debt. president obama has added 5 1/2 trillion in four years. that is astronomical. what have we got for it? an economy that is now shrinking, again. enough with the excuses. face reality. change course. the private sector, that's what he should do, but he won't. all stations come over to mission a for a final go. this is for real this...
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the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacostia and navy yard stations. some people got off and tried to walk. eventually the trains made it to the stations but you can see the chaos as people tried to board shuttle buses. metro s
the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30...
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president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel would be the first vietnam vet to lead the pentagon. >>> president obama says he hopes for some form of immigration within six months. in an interview with telemundo, he says the plan must include a path to citizenship for 11 million illegal immigrants already in the country. and he says it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border security. we know what's needed when it comes to dealing with employers who may unlawfully hire undocumented workers. we know
president obama said he will sign it if it passes in the senate. >>> chuck hagel will face some tough questions today in his bid to become defense secretary. the senate armed services committee will hold his confirmation hearing. he's a former republican senator but may have a hard time winning support from the senate's gop members. six republicans have already said they will oppose his nomination. they have questions about comments he made about israel and iran. if confirmed, hagel...
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the house already passed that bill, and president obama has said he will sign it. the treasury warns the government could default on some of its loans as early as next month if this legislation does not pass. >>> also today, chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam war veteran will likely face tough questions, especially about his stands on israel and iran. he prepared by meeting fraprivay with public interest groups. >>> president obama hopes for some form of immigration reform within six months. in an interviewer with telemundo, he says the plan has to include a path to citizenship for 11 million illegal immigrants already in the country, and it's time for congress to act. >> we've been working on this for a long time. we know what the issues are. i've got a bill drafted. we've got language. we know what's needed when it comes to border securitiment we know what's need when it comes to dealing with empl
the house already passed that bill, and president obama has said he will sign it. the treasury warns the government could default on some of its loans as early as next month if this legislation does not pass. >>> also today, chuck hagel will tell a senate committee why he should be the next defense secretary. the senate armed services committee will hold hagel's confirmation hearing. the former republican senator and vietnam war veteran will likely face tough questions, especially...
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, which is what barack obama said in his inaugural speech last week and we have to continue bring down defense. if we can do that and raise a little bit of revenue i think we can make significant progress on getting debt under control. melissa: steve, last word. real quick. we don't have time. >> of course health care entitlements are the big problem. simon why did we create a new trillion dollar health care entitlement? that didn't make a lot of sense. we can't afford it. when you talk about negatives for the economy i think obamacare is one of them. >> i will come back and debate that in the future. melissa: thanks to all three of you coming on. hope you come be ba. you're all fantastic. >>> time for the fuel gauge report. mixed economic data from the u.s. and europe led to choppy oil trading futures. it managed to rise for the third straight session, now at the highest level since mid-september, settling 97.94 a barrel. >>> more than a thousand commercial barges are backed up on the mississippi river. oil is still leaking from two barges that slammed into a bridge near vicksburg, mi
, which is what barack obama said in his inaugural speech last week and we have to continue bring down defense. if we can do that and raise a little bit of revenue i think we can make significant progress on getting debt under control. melissa: steve, last word. real quick. we don't have time. >> of course health care entitlements are the big problem. simon why did we create a new trillion dollar health care entitlement? that didn't make a lot of sense. we can't afford it. when you talk...
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the measure would suspend the more than $16 trillion spending limit on federal borrowing making much needed cash available through may and there's a provision that would withhold pay from members of the house and senate if they fail to pass a budget by april. the bill is expected to pass and president obama has said he will immediately sign it into law. >>> this should be breaking news. twinkies are safe. hostess has come up with a deal to save the snack food. for details on that and a look at how futures are trading, we turn to jackie deangelis at cnbc world headquarters. probably been years since you had a twinkie. >> good morning to you. it has been years. i'm going to hold you in suspense on the twinkie story because it's so good. let's start with futures for a second. slightly lower this morning after we saw stocks losing a bit of ground yesterday. investors reacting to a report showing that the economy contracted during the final three months of last year. now it's the first negative print on gdp since the spring of 2009 due to a big drop in defense spending and uncertainty ove
the measure would suspend the more than $16 trillion spending limit on federal borrowing making much needed cash available through may and there's a provision that would withhold pay from members of the house and senate if they fail to pass a budget by april. the bill is expected to pass and president obama has said he will immediately sign it into law. >>> this should be breaking news. twinkies are safe. hostess has come up with a deal to save the snack food. for details on that and a...
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when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding officer: without objection. mr. baucus: madam president? the presiding officer: the senator from montana. mr. baucus: madam president, we've -- we've essentially already voted on this. this is very similar to the portman amendment which lost by a vote of 54-44. this approach was rejected by the house of representatives when the speaker sent over his debt increase to us which gives us breathing room. we tried this approach suggested by the senator in august of 2011. it didn't work. this moves us backward, not forward. and i think we should give pra
when are we going to have any new spending cuts? this would at least start in a modest way reasonable spending cuts. thank you, madam president. the presiding officer: would the senator call up his motion. mr. vitter: yes, madam president. i call up the motion to commit. the presiding officer: the clerk will report. the clerk: the senator from louisiana, mr. vitter, moves to commit the bill, h.r. 325, to the -- mr. vitter: madam president, i ask to waive reading of the whole. the presiding...
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with any sort of reform effort that we're going to see we're definitely going to see a lot more spending on defense drones usa ramon not surprising at all i mean but how hypocritical is this really and light of the fact that you know here obama is making these overtures toward immigration reform really he's deported a record number of immigrants here yeah as you mentioned more than a million and a half during his tenure more than george bush or any other republican four hundred thousand just in the last year and in this latest reform push he spoke about earlier this week i mean he didn't really make a lot of mention of these families that are being split up he didn't make any mention of the hundreds and thousands of immigrants who have died trying to cross the border so way and immigrant rights activists see this push their rightfully so cautious about what these latest reform efforts will bring about. absolutely a lot of questions to bring up especially about human rights with the drones and the deportations thank you so much for among the lino for setting the light you get . today mark
with any sort of reform effort that we're going to see we're definitely going to see a lot more spending on defense drones usa ramon not surprising at all i mean but how hypocritical is this really and light of the fact that you know here obama is making these overtures toward immigration reform really he's deported a record number of immigrants here yeah as you mentioned more than a million and a half during his tenure more than george bush or any other republican four hundred thousand just in...
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surprising at all i mean but how hypocritical is this really and light of the fact that you know here obama is making these overtures toward immigration reform really he's deported a record number of immigrants here yeah as you mentioned more than a million and a half during his tenure more than george bush or any other republican four hundred thousand just in the last year and in this latest. reform push he spoke about earlier this week i mean he didn't really make a lot of mention of these families that are being split up he didn't make any mention of the hundreds and thousands of immigrants who have died trying to cross the border so way and immigrant rights activists see this push there very rightly so cautious about what the latest reform efforts will bring about. absolutely a lot of questions to bring out especially about human rights with the drones and the deportations thank you so much for among the lino for shedding a light you bet. today marks the fortieth anniversary of what is still referred to as the biggest scandal in washington's history watergate and this very day two membe
surprising at all i mean but how hypocritical is this really and light of the fact that you know here obama is making these overtures toward immigration reform really he's deported a record number of immigrants here yeah as you mentioned more than a million and a half during his tenure more than george bush or any other republican four hundred thousand just in the last year and in this latest. reform push he spoke about earlier this week i mean he didn't really make a lot of mention of these...
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but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect testify growth or recessioner in period, that's not the sign of a healthy economy? >> if agree with you. but keep in mine what i'm homing now, eric, we city a little stability, at least until 2014 elections. we know that people over 200,000 a year are going to pay 4-1/2% more in tax. we know there's certain stability. let's hope we wet through the debt ceiling crisis, and then you'll see the private sector invest. if there's one thing this president is going to be known for, he is all over the social issues, guns and gay marriage and healthcare but has done nothing to help this economy. and when you lo
but you know the seed0s the last quarter's gdp were sow n in the summer of 2012 when president obama put politics ahead of our national security or any economic growth. its its ridiculous. >> that's the most important word, growth. when the economy opportunity grow you have no way of digging yourself out of the ditch. the 16-1/2 trillion ditch. here's my point. if the government stops pending, if the economy is so weak that when the government does stop spending, it goes into a neglect...
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it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama administration about this cap. and they're asking for federal subsidies on top of their work insurance. >> all right. and let's talk about facebook now. they've just had a brutal year. but some pretty good news in the fourth quarter. >> hey, the stock is up 70%, 7-0, since september, joe. mobile ad revenue is up. that's what everyone wants to see. 70% the stock is up since september. mobile ad revenue up 23%, which is accelerating. look around the table, okay. mika with her iphone, iphone -- >> soon to be samsung. >> barnicle, you've got an abacus, i've got an iphone, but there's two laptops. that's the
it's in the journal, which is that part of obama care allows caps on precipitation drug spending, and some unions, apparently, are just realizing this. and they're pushing back on the administration to make sure they don't have these caps, because they're saying, that's going to drive up our medical costs, our health care costs, more than we thought, which means, we're going to be less competitive in the marketplace. so according to the journal, the unions are pushing back on the obama...
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they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this is the very last time anybody will talk about this number in washington right here. >> we're making history. >> right. >> rona, the, sequestration debate, armageddon, whatever you want to call it, has been tossed around in a variety of different fashions, especially on the right because initially it was seen -- we cannot do this. defense cuts disproportionately hurt the gop, and, yet, now there is sort of maybe the sense that they will let sec west rags go ahead. mr. boehner says he has significant republican support, including gop defense hawks, on the side of letting the gop work.
they don't really want to talk about a contraction on president obama's watch. republicans aren't really comfortable with the idea that austerity -- that these big huge defense cuts and government spending cuts that we've seen can have a drag affect on the gdp going into the see sequester debate. both sides are uncomfortable with this number, and that's why we probably won't see it discussed for more than a news cycle or two. then we'll move on. >> affect show it's a kabarb. >> this...
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about the sequester and how this is going to get our military we will have nonstop propaganda being obama bartered on to the people that fear of reducing the budget of the military so i'm absolutely confident that every secretary of defense will have a very very loose pocketbook to spend to keep spending us into having a. the u.n. human rights council has released a report saying israel must move all such close out of palestinian territories the paper says the settlements a violation of human rights destroying palestinians property and crops and driving them off their land israel has refused to cooperate with the investigation khan in the report biased and counterproductive human rights activists and blogger roy moll says that israel is damaging its own credibility israel has been complaining for many years that it's being singled out by various un organs. the human rights council one of the things that it was formed to do was to have a more equitable process which has the same level of scrutiny for all you would members and although this report what did single out israel it's a boycott o
about the sequester and how this is going to get our military we will have nonstop propaganda being obama bartered on to the people that fear of reducing the budget of the military so i'm absolutely confident that every secretary of defense will have a very very loose pocketbook to spend to keep spending us into having a. the u.n. human rights council has released a report saying israel must move all such close out of palestinian territories the paper says the settlements a violation of human...